This time is different

Forces such as emerging applications of technology, expanding data, reinsurance focused start-ups and capital markets are driving change in the reinsurance sector more strongly than in the past. For the first time, reinsurers are faced with an urgent need to reverse declining profitability and adapt to a powerful convergence of these forces of change.

Deloitte’s report—This time is different: Six trends that will determine the future of global non-life reinsurance identifies trends that will most likely shape the future of global non-life reinsurance over the next five to ten years. The report analyses the impacts of these trends and the barriers that will impede them.

The six trends are:

	Pivoting to risk transfer plus service model
	Hollowing out of the middle-market
	Ongoing influx of alternative capital
	Blurring of the value chain’s boundaries
	Rise of automated placement
	Rise of exchange-based secondary markets

The report also examines the opportunities and threats for reinsurers across four future scenarios, focusing on where disruption will most likely happen.

Read the full report to learn how we can assist you in adapting to these disruptions faster.